QUEENSIDE GAMES LIMITED


Directors	FINAN, Andrew John Jude
	HELLYER, Compton Graham
	PEIN, Malcolm Bernard


Registered Address	Garlands South Park Avenue
	Chorleywood
	Rickmansworth
	WD3 5DY


Registered Number	10518186 (England and Wales)

Balance Sheet as at
31 May 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Intangible assets	3		-		832,956
Tangible assets	4		73		109
Investments	5		2		2
			75		833,067
Current assets
Debtors		1,351		636
Cash at bank and on hand		12,962		62,331
		14,313		62,967
Creditors amounts falling due within one year	6	(181,546)		(180,266)
Net current assets (liabilities)			(167,233)		(117,299)
Total assets less current liabilities			(167,158)		715,768
Net assets			(167,158)		715,768
Capital and reserves
Called up share capital			11,668		11,668
Share premium			1,997,403		1,997,403
Profit and loss account			(2,176,229)		(1,293,303)
Shareholders' funds			(167,158)		715,768

The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 15 October 2025, and are signed on its behalf by:

FINAN, Andrew John Jude
Director

HELLYER, Compton Graham
Director

PEIN, Malcolm Bernard
Director

Registered Company No. 10518186

QUEENSIDE GAMES LIMITED

Notes to the Financial Statements
for the year ended 31 May 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Revenue from sale of goods
	Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

Revenue from sale of goods

Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Intangible assets
	Intangible assets are stated at cost less accumulated amortisation and accumulated impairment losses. The assets are reviewed for impairment if the above factors indicate that the carrying amount may be impaired. Amortisation is included in 'administrative expenses' in the profit and loss account.

	Tangible fixed assets and depreciation
	All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Tangible fixed assets and depreciation

All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:


		Reducing balance (%)
	Office Equipment	33

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

Investments

Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	3		5

3.	Intangible assets

	Other	Total
	£	£
Cost or valuation
At 01 June 24	1,665,913	1,665,913
Additions	23,909	23,909
At 31 May 25	1,689,822	1,689,822
Amortisation and impairment
At 01 June 24	832,957	832,957
Charge for year	856,865	856,865
At 31 May 25	1,689,822	1,689,822
Net book value
At 31 May 25	-	-
At 31 May 24	832,956	832,956

4.	Tangible fixed assets

	Office Equipment	Total
	£	£
Cost or valuation
At 01 June 24	1,442	1,442
At 31 May 25	1,442	1,442
Depreciation and impairment
At 01 June 24	1,333	1,333
Charge for year	36	36
At 31 May 25	1,369	1,369
Net book value
At 31 May 25	73	73
At 31 May 24	109	109

5.	Fixed asset investments

	Investments in groups¹	Total
	£	£
Cost or valuation
At 01 June 24	2	2
At 31 May 25	2	2
Net book value
At 31 May 25	2	2
At 31 May 24	2	2

	Notes
	¹Investments in group undertakings and participating interests

6.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	-	2,048
Bank borrowings and overdrafts	177,120	176,013
Amounts owed to related parties	2	2
Other creditors	224	203
Accrued liabilities and deferred income	4,200	2,000
Total	181,546	180,266


	Included in Bank borrowings and overdrafts are Loan Notes (2025: £177120, 2024: £176013)